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Showing 1011 - 1020 of 9739 results for "Major"

Centrepoint names new chair, borrows $10m for M&A

CASSANDRA BALDINI  |  WEDNESDAY, 23 AUG 2023
As the former ClearView chief takes over as chair of the group, the new loan will fuel its commitment to accelerating growth through mergers and acquisitions. After seven years at the head of the table, Alan Fisher is stepping down as chair of Centrepoint ...

Platform comparison fintech launches

KARREN VERGARA  |  TUESDAY, 22 AUG 2023
... of assets, interest earned on cash, and family linking benefits," Peker said. SuitabilityHub is currently linked to the major platforms and boutique providers. Comparing platforms like HUB24 and Netwealth, Peker said, at first glance they seem alike ...

AMP settles class action for $110m

KARREN VERGARA  |  MONDAY, 21 AUG 2023
AMP has put to bed a class action relating to fee for no service scandals and misleading regulators as exposed by the Royal Commission but claims no responsibility in settling for $110 million. The class action filed in June 2018, affected AMP shareholders ...

Norway's sovereign wealth fund returns 10%

ANDREW MCKEAN  |  THURSDAY, 17 AUG 2023
Norway's $1.4 trillion Government Pension Fund Global returned 10% in the first half, equivalent to $343 billion. Norges Bank Investment Management reported a $13.7% return on equity investments for the first half of 2023, while fixed income yielded ...

Madison FG, Godfrey Pembroke's PDG combine services

KARREN VERGARA  |  THURSDAY, 17 AUG 2023
Madison Financial Group has joined forces with Godfrey Pembroke's Practice Development Group (PDG), consolidating their operational and AFSL services to create a new entity providing back-office services to their financial advice networks. Madison ...

Super funds lobby for super tax reform

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
... home pay. More than half a million Australian women earn between $37,000 and $45,000, and these simple changes will have a major positive impact on their super balances," she said.

Fund manager injects $28m in Stockspot

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
... see it expand its capabilities in the precarious digital advice landscape. Mirae Asset Global Investments announced its "major strategic investment" in Stockspot but did not disclose its percentage ownership in the robo-adviser. Stockspot currently manages ...

Multiple moves in Aware investments team

ELIZABETH FRY  |  FRIDAY, 11 AUG 2023
... Australia's top-performing super funds. The performance results also come at a time of immense innovation for the fund with two major digital transformation projects. The first is the recent consolidation of five legacy technology systems into a ...

Australian Ethical unveils new moderate fund

CHLOE WALKER  |  FRIDAY, 11 AUG 2023
... we stuck to our ethical way of investing and, as the year progressed, the market got more comfortable," he said. "So, a major contributor to our performance over the last four months was simply sticking to what we do best and not being dissuaded in a ...

Vanguard reveals the premier asset class of the last 30 years

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... Vanguard has delivered a stark reminder of the resilience of long-term investing with its 22 nd annual Index Chart. Despite major global upheavals, including the COVID-pandemic, Russia's invasion of Ukraine, and the Global Financial Crisis, Australian ...